The xBTC incentive program launched by OKX Wallet in conjunction with Momentum has been online for two weeks, with TVL growing to $140.0 million

The xBTC incentive program launched by OKX Wallet and Momentum has been live for two weeks, with a total prize pool of $1,000,000. Users can participate in the reward distribution by injecting xBTC-USDC and xBTC-SUI liquidity pairs into the decentralized trading platform Momentum through the OKX Wallet activity zone. Data shows that the event has attracted over 578,000 users so far, and the TVL of the Momentum platform has increased from $65,000,000 two weeks ago to $140,000,000, an increase of 115%. The total transaction volume has also increased from $4,000,000,000 to $5,800,000,000, a month-on-month increase of 45%. This collaboration not only enhances the liquidity of Bitcoin assets on the $Sui chain, but also successfully promotes the on-chain release of OKX's centralized assets, further building an asset bridge between CeFi and DeFi. The surge in TVL demonstrates Momentum's liquidity aggregation capabilities and strong growth potential in the $Sui ecosystem, and is gradually establishing its market position as a core DEX on Sui. [Odaily Planet Daily]